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All Forum Posts by: Ruby Ruiz

Ruby Ruiz has started 43 posts and replied 75 times.

Post: Does anyone invest in HOTELS in TX??

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

I have an opportunity that is West of Fort Worth. Its an 84 door Hotel- currently not operational. But it does have huge potential. The seller was looking to turn it into student housing since there is a University around the corner, however he unfortunately got foreclosed on before starting the project. 

I have never worked a Hotel deal, so not sure what Investors look for when investing in a hotel. Does anyone have experience and know what will make this a sweet deal for someone?


Thanks for the help!

Post: Investor Friendly Agent- San Antonio, TX

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

SELLING OFF MARKET PROPERTIES IN SAN ANTONIO TX!

ZIP CODES AVAILABLE RIGHT NOW: 78207, 78244, 78606,78202,78148,78148,78223,78209,78207

***CASH*** HARD MONEY*** ONLY***

CALL or TEXT: 210.550.2636

RUBY RUIZ 

NEW WESTERN ACQUISITIONS

WE CONSISTENTLY AQUIER OFF MAREKT PROPERTIES. IF YOU'D LIKE TO JOIN MY BUYERS LIST PLEASE COMPLETE THIS GOOGLE FORM:

https://docs.google.com/.../1FAIpQLScEktUpmF3wBF.../viewform

Are you looking for Off Market Real estate or an investor friendly Agent in San Antonio TX? I find distressed properties with build in equity specifically for Real Estate Investors. I come across 50+ properties a month and have experience in helping investors build their team!

Post: Active rehab + personal residence. The pain can be real!

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Congratulations!

 

Post: Local meetups in San Antonio and surrounding areas ?

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Hi Damarea! New Western is hosting in Event September 1st at Little Woodrows- Its going to be a GOOD ONE! There will be Investors, Lenders, Contractors, Agents, Property Mangers- make sure you make it out! 

Post: Off Market Rent Ready 3/2

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000

This was another steal of a deal for one of my buyers. This was a rent ready single family home in prime NW San Antonio where houses usually sell over 300k. He was very happy to get this deal and is now looking for another!

How did you finance this deal?

CASH

Post: Off Market 2004 Build

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $158,000
Cash invested: $15,000

This house was perfect for my buy and hold buyers! They loved the location and the house is super cute, it just needed some paint and flooring to get it rent ready. This was a straight forward deal, my investors walked in and immediately said- THIS IS IT! I love working with them and am excited to get them into their next one!

Post: 3 UNITS IN ALTA VISTA

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $215,000
Cash invested: $50,000

This was a 3 unit in an amazing part of town! The seller did not take care of this property at all! Good thing my Investor has vision for what could be. The rehab on this one was deeper than the average, but the potential was incredible! With an ARV of 400k- my buyer got a heck of a deal!

Post: OFF MARKET UNICORN DUPLEX

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $240,000

This duplex was in an excellent location! It had a HUGE lot, the building was in excellent condition! Literally all we needed here was paint and small improvements in the kitchens. My buyers were thrilled to finally find something that was producing income and in great condition.

How did you find this deal and how did you negotiate it?

From Seller to Buyer!

How did you finance this deal?

CASH

How did you add value to the deal?

light Cosmetic rehab

Post: OFF MARKET COMMERCIAL MIXED USE

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Retail commercial investment investment.

Purchase price: $500,000

Another commercial deal! This one was a mixed used commercial strip located in PRIME NorthEast San Antonio. CLEAN Bakery, car dealership, and 3 mobile home pads... absolutely no rehab needed on this one! All my buyer had to do is collect the rents!!

How did you find this deal and how did you negotiate it?

Off Market Straight from seller to buyer!

How did you finance this deal?

CASH!

Post: Commercial Retail Deal in San Antonio

Ruby RuizPosted
  • Investor
  • San Antonio, TX
  • Posts 84
  • Votes 69

Investment Info:

Retail commercial investment investment.

Purchase price: $560,000

My out of state buyer specifically looks for commercial deals. We found him this off market shopping strip on a very busy street. He immediately saw the potential- we sit next to a big shopping center, foot traffic is max, we have 5 units with mom and pops business as tenants. All we needed was TLC- and thats exactly what his plan was. Update the units- take care of the building and add value to what was a poorly managed situation. I wont be surprised if I drive by and see a Starbucks one day!

How did you find this deal and how did you negotiate it?

Off Market. Straight from Seller to Buyer!

How did you finance this deal?

Cash!

How did you add value to the deal?

Update building- increase rents since currently they were underperforming!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am the wholesaler! I actually met my buyer thought Bigger Pockets!